We select these 3 tokens based on two analyses - fundamental project analyses and technical token analyses.
FTT
- New holders enter
Holders of 90d tokens +93.77%, which means a large number of new users have purchased and retained FTT in the last 90 days.
- Active transaction in the chain
Both the active FTT address (+64,62%) and the transfer (+101,53%) have increased significantly over the last 90 days, which means that users are actively transacting FTT or providing liquidity to FTT to pledge or perform other transfer actions.
- Price link
From the above graph we can see that The price of an FTT token is strongly related to its activity - active address and transaction. When the active address (844) and transaction (3,405) reach ATH, the FTT token reaches the ATH price the next day at $80.49.
ALPACA
- Exceptional growth of project master data
30d volume on Alpaca Finance ranks first among all financial projects. Alpaca Finance's transaction volume is twice that of Protocol No. 2 of Venus .
Its deposit volume was +172.84% over the last 90 days.
The holder's amount has experienced steady growth over the past 90 days from 37,395 to 51,868.
- Transaction activity with an ALPACA tag is not positive.
From the above two graphs, we can see that the price of the ALPACA token is highly correlated with its active address and transfer data. However, its active address is only +1.3% and the number of transfers is a negative growth of 27.02%.
Alpaca Finance's underlying data growth could boost its use of tokens to increase its downstream business. We should continue to monitor the active address and transfer data to know the current trend.
TOR
- Exceptional growth of project master data
PancakeSwap is the only one of DEX's top 8 with positive user, transaction and volume growth over the past 30 days.
The PancakeSwap retailer began growing on July 12, along with the price of the cake. Fees earned by the pancake treasure trove have also been increasing since then.
Holders of 90d tokens +75,11%, indicating that a large number of new users have purchased and retained CAKE in the last 90 days. Very steady growth in the amount of holders.
- CAKE token transaction activity is not positive
CAKE's active address is a negative growth of 18,49%. Activity on the CAKE token chain is not very positive.
PancakeSwap's core data growth could boost its use of tokens to increase its downstream business. We should continue to monitor the data to know the current trend.